The International Monetary Fund in the Global Economy

Banks, Bonds, and Bailouts

Dados Bibliográficos

ID23398154
AutoresMark S Copelovitch (University of Wisconsin–Madison, autor correspondente)
Ano2010
Data de publicação2010-06-10
Open AccessSim
TipoBOOK
PeriódicoInternational Monetary Fund in the Global Economy (SOURCE_BOOK)
EditoraCambridge University Press (PUBLISHER • US)
DOI10.1017/cbo9780511712029
OpenAlexW3144197402
Open LibraryOL34448399M
ISBN9780511712029
IdiomaEN
Citações recebidas69

The explosive growth and increasing complexity of global financial markets are defining characteristics of the contemporary world economy. Unfortunately, financial globalization has been accompanied by a marked increase in the frequency and severity of financial crises. The International Monetary Fund (IMF) has taken a central role in managing these crises through its loans to developing countries. Despite extensive analysis and criticism of the IMF in recent years, key questions remain unanswered. Why does the Fund treat some countries more generously than others? To what extent is IMF lending driven by political factors rather than economic concerns? In whose interests does the IMF act? In this book, Mark Copelovitch offers novel answers to these questions. Combining statistical analysis with detailed case studies, he demonstrates how the politics and policies of the IMF have evolved over the last three decades in response to fundamental changes in the composition of international capital flows.

Capital (architecture) · Capital flows · Capital market · Criticism · Economics · Financial globalization · Financial market · Financial system · Geography · Globalization · International economics · Market economy · Political economy · Political science · Politics · World economy · Finance · Global Financial Crisis and Policies · International Development and Aid